NOT LISTED FOR SALE

4117 Faith Rd Unit 4119, 4121 Wichita Falls, TX 76308

Estimated Value: $137,238 - $206,000

6 Beds
3 Baths
4,861 Sq Ft
$35/Sq Ft Est. Value

Last Sold June 20, 2024

Current estimated payment $1,110/month

4 Days on Market

Highlights

  • Post and Beam
  • Rider High School Rated A-
  • Landscaped with Trees

About This Home

As of June 2024

These three Faith Village duplexes are centrally located in the heart of Wichita Falls. All 6 units have two bedrooms, one bathroom, and are furnished with kitchen appliances. Five units have central heat with window units for A/C. One unit has central heat and A/C. Electric and gas are separately metered. Owner pays for water/sewer/trash. All tenants are month to month. Rent rates are currently below market rate with total monthly rental income of $3,230 with rental comps to push that to $3,600-$3,900.

Last Agent to Sell the Property

Tyler Methvin

DOMAIN REAL ESTATE SERVICES INC License #0713824 Listed on: 05/17/2024

Co-Listed By

LADAMION TENNER

DOMAIN REAL ESTATE SERVICES INC License #0752629

Last Buyer's Agent

Tyler Methvin

DOMAIN REAL ESTATE SERVICES INC License #0713824 Listed on: 05/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,395

Lot Details

  • Landscaped with Trees

Home Design

  • 4,861 Sq Ft Home
  • Post and Beam
  • Composition Roof
  • Aluminum Siding

Parking

  • 6 Parking Spaces
  • Unpaved Parking
  • Assigned Parking

Utilities

  • Separate Meters
  • Master Water Meter
  • Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas, deposit

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,395

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Inv Bundle/Will Not Divid
  • Excluded Property: All personal and attached property
  • Miscellaneous: Separate Electric Meters, Individual Water Heaters, Individual Heat/Air Units, Master Water Meter, Separate Gas Meters
  • Pet Info: Landlord descretion
  • Zoning District: Multi-Family Res
  • Land Area: .542
  • Available Parking Spaces: 6
  • Parking Facil: Unpaved Area, Assigned
  • Projected Monthly Income: 3230
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 77.14
  • Number Of Stories: 2 or Less
  • Estimated Sq Ft: 4861

Exterior Features

  • Foundation: P & B
  • Roof: Composition
  • Construction Type: Alum/Vinyl Siding

Schools

  • School District: WFISD

Lot Info

  • Flood Plain: Not Flood Plain, Unknown
  • Lot Description: Trees

Rental Info

  • Pets Allowed: Yes
  • Lease Info: Month To Month
  • Tenant Pays: Electric, Gas, Deposit

Multi Family

  • Number Of 2 Bed Units: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 20, 2024
Sold by
Labrecque Laine and Pavell Lauren
Bought by
Friedman Ryan W
Seller's Agent
Tyler Methvin
DOMAIN REAL ESTATE SERVICES INC
Buyer's Agent
Tyler Methvin
DOMAIN REAL ESTATE SERVICES INC
List Price
$375,000
Views
9
Current Estimated Value
$171,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-44.69%
Original Mortgage
$300,000
Outstanding Balance
$294,250
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$122,631

Purchase Details

Closed on
Dec 1, 2021
Sold by
Allen Mildred R
Bought by
Labrecque Laine and Pavell Lauren
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Friedman Ryan W -- None Listed On Document
Labrecque Laine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Ryan W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold -- -- --
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $375,000 -- $77 / Sq Ft
Source: Wichita Falls Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,395 $103,446 $12,000 $91,446
2024 $2,395 $103,122 $12,000 $91,122
2023 $2,463 $104,133 $12,000 $92,133
2022 $2,435 $95,438 $7,500 $87,938
2021 $1,297 $50,806 $7,500 $43,306
2020 $1,313 $50,806 $7,500 $43,306
2019 $1,325 $50,806 $7,500 $43,306
2018 $1,325 $50,806 $7,500 $43,306
2017 $1,292 $50,806 $7,500 $43,306
2016 $1,292 $50,806 $7,500 $43,306
2015 $1,107 $48,140 $7,500 $40,640
2014 $1,107 $48,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Methvin

    Seller's Agent in 2024

    Tyler Methvin

    DOMAIN REAL ESTATE SERVICES INC

    (940) 357-0291

    192 Total Sales

    Tyler Methvin
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    LADAMION TENNER

    DOMAIN REAL ESTATE SERVICES INC

    Section Image
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Map

Source: Wichita Falls Association of REALTORS®

MLS Number: 173493

Wichita Falls Association of REALTORS®

APN: 151375

Texas Wichita County Wichita Falls 76308

4117 Faith Rd Unit 4119, 4121, Wichita Falls, TX

This home is located at 4117 Faith Rd Unit 4119, 4121, Wichita Falls, TX 76308 since 17 May 2024 and is currently estimated at $171,619, approximately $35 per square foot. 4117 Faith Rd Unit 4119, 4121 is a home located in Wichita County with nearby schools including Milam Elementary School, McNiel Middle School, and Rider High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Wichita Falls Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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